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Brave Warrior Advisors: 13F holdings, Q2 2026

Concentrated value · SEC EDGAR filings (CIK 0001553733) · Explore on the interactive board

Brave Warrior Advisors disclosed 40 US equity positions worth $4.6bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is ICLR at 11.9% of the reported book, followed by OMF, SNX. The top ten holdings are 74.4% of the book, and the portfolio behaves like about 14 equal-weight positions. Versus the prior filing it opened 7 new positions, added to 6, reduced 15 and exited 3.

$4.6bnreported US equity book
40positions
11.9%largest position
74.4%top 10 weight
14.44effective positions (1/HHI)
56quarters on file since Q1 2012

What does Brave Warrior Advisors own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 7 new, 6 added, 15 reduced, 3 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 ICLR ICON PUB LTD CO Healthcare 11.9%$547.8m3,153,308 5% added
2 OMF ONEMAIN HLDGS INC Financial Services 10.1%$462.5m7,585,152 -2% reduced
3 SNX TD SYNNEX CORPORATION Technology 8.4%$385.4m1,441,630 -53% reduced
4 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 8.2%$377.8m976,885 -13% reduced
5 SLM SLM CORP Financial Services 7.6%$347.1m13,381,145 -1% reduced
6 AJG GALLAGHER ARTHUR J & CO Financial Services 6.4%$295.0m1,285,022 new
7 AN AUTONATION INC Consumer Cyclical 6.2%$283.2m1,524,124 -2% reduced
8 RYAAY RYANAIR HOLDINGS PLC Industrials 5.6%$256.3m3,958,684 30% added
9 PRI PRIMERICA INC Financial Services 5.4%$246.1m865,863 -2% reduced
10 LEN LENNAR CORP Consumer Cyclical 4.7%$214.7m2,373,177 -2% reduced
11 BLDR BUILDERS FIRSTSOURCE INC Industrials 4.6%$209.4m2,340,571 -1% reduced
12 COF CAPITAL ONE FINL CORP Financial Services 4.3%$198.4m988,973 -2% reduced
13 MRP MILLROSE PPTYS INC Real Estate 3.9%$181.2m6,030,725 -29% reduced
14 MPLX MPLX LP 3.9%$179.2m3,180,534 -2% reduced
15 FNF FIDELITY NATL FINL INC Financial Services 3.5%$162.6m3,446,864 -2% reduced
16 DHI D R HORTON INC Consumer Cyclical 2.4%$111.5m684,478 -1% reduced
17 F&G ANNUITIES & LIFE INC 1.4%$66.0m2,482,417 -54% reduced
18 AM ANTERO MIDSTREAM CORP Energy 0.9%$41.5m1,823,631 -1% reduced
19 GOOGL ALPHABET INC Communication Services 0.2%$7.2m20,258 0% held
20 HCA HCA HEALTHCARE INC Healthcare 0.0%$1.9m4,833 263% added
21 JPM JPMORGAN CHASE & CO Financial Services 0.0%$1.8m5,643 0% held
22 SUNB SUNBELT RENTALS HOLDINGS INC 0.0%$1.8m23,762 0% held
23 MSFT MICROSOFT CORP Technology 0.0%$1.6m4,275 111% added
24 GOOG ALPHABET INC Communication Services 0.0%$1.3m3,790 0% held
25 BAC BANK OF AMER CORP Financial Services 0.0%$828.0k14,532 0% held
26 CMCSA COMCAST CORP NEW Communication Services 0.0%$763.4k31,094 0% held
27 AMAT APPLIED MATLS INC Technology 0.0%$694.8k961 0% held
28 AMZN AMAZON COM INC Consumer Cyclical 0.0%$631.6k2,650 89% added
29 MA MASTERCARD INCORPORATED Financial Services 0.0%$601.9k1,172 178% added
30 SPGI S&P GLOBAL INC Financial Services 0.0%$570.6k1,401 new
31 NU NU HLDGS LTD Financial Services 0.0%$534.4k40,000 new
32 MAR MARRIOTT INTL INC NEW Consumer Cyclical 0.0%$442.5k1,194 0% held
33 PGR PROGRESSIVE CORP Financial Services 0.0%$390.8k1,789 0% held
34 TXN TEXAS INSTRS INC Technology 0.0%$301.1k1,010 new
35 ET ENERGY TRANSFER L P Energy 0.0%$286.8k15,000 0% held
36 ADI ANALOG DEVICES INC Technology 0.0%$243.1k612 new
37 MCO MOODYS CORP Financial Services 0.0%$213.3k471 0% held
38 V VISA INC Financial Services 0.0%$212.0k618 new
39 META META PLATFORMS INC Communication Services 0.0%$210.1k373 0% held
40 UNH UNITEDHEALTH GROUP INC Healthcare 0.0%$207.4k499 new

What did Brave Warrior Advisors sell? Positions exited since the previous filing

StockPrior weightPrior value
ARES ARES MANAGEMENT CORPORATION40.5%$545.5k
APO APOLLO GLOBAL MGMT INC37.2%$501.4k
FAF FIRST AMERN FINL CORP22.4%$301.4k

Sector mix

SectorWeight
Financial Services37.4%
Healthcare20.2%
Consumer Cyclical13.3%
Industrials10.2%
Technology8.5%
Real Estate3.9%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202640$4.6bn
Q1 202636$4.0bn
Q4 202533$4.3bn
Q3 202533$4.3bn
Q2 202535$4.4bn
Q1 202535$4.4bn
Q4 202430$4.0bn
Q3 202432$4.8bn
Q2 202427$4.5bn
Q1 202429$4.8bn
Q4 202330$4.2bn
Q3 202334$4.0bn
Q2 202332$3.8bn
Q1 202328$3.2bn
Q4 202226$3.2bn
Q3 202225$2.9bn

Earliest filing: Q1 2012 · 56 quarters on file

How concentrated is Brave Warrior Advisors's portfolio?

Across every quarter Brave Warrior Advisors has filed, its median largest position is 17.9% of the book and its median top-ten weight is 93.5%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 93 completed holding spells, the median lasted 3.0 quarters; 40 positions are still open and their final length is unknown.